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1 vote
Linda purchased a washing machine and dryer set for $1,299 on a deferred payment plan. She needs to pay $80

per month for 6 months and the remaining balance in month 7. How much will Linda pay back in 6 months, and
what will the amount of her final payment be?

HELP PLEASE

User Gianlucca
by
5.0k points

1 Answer

5 votes

Answer:

In six months, Linda will pay : $480

Final payments :$819

Step-by-step explanation:

The monthly payments are $80 for six months.

For six months, Linda will have paid $80 times six months

=$80 x 6

=$480

The amount for her final payments will be the total of the two items minus the installment payments

=$1,299 - $480

=$819

User Avishekdr
by
5.3k points